Our History

Ambit Energy was founded in early 2006 at a Potbelly’s restaurant in Addison, Texas
over a couple of turkey sandwiches. Introduced through a mutual friend, Jere Thompson
and Chris Chambless met for lunch to discuss energy deregulation. They liked the
opportunity, and they liked each other. During lunch, they made a few important
decisions: to build the finest and most respected retail energy company in the country,
and to never sacrifice their integrity for growth.

The work began immediately in an office space borrowed from Jere’s brother, David.
A few weeks later, Jere and Chris set up their own offices in an open, renovated
warehouse in the historic West End district of downtown Dallas, Texas. They bought
several $19 fold-up tables to use as desks and assembled an experienced team of
executives who shared their vision. The rest is history and the results have been
extraordinary.

In 2008, Ambit recorded revenues of almost $200 million and nearly $325 million in
2009. In fact, as a result of our tremendous growth, Ambit Energy was named the
fastest-growing privately held company in north Texas by SMU's Caruth Institute for
Entrepreneurship in their annual Dallas 100™ rankings.

Today, our existing customer relationships are managed by a well-trained, US-based
Customer Care center. BlueNet™ manages all aspects of the customer life-cycle, from
the utility transactions that take place between customers and transmission providers to
web-based account management tools, to billing and collections.

Right now, we're one of the fastest growing retail energy providers in every market
where we operate. And all of the members of our executive team, including Jere and
Chris, still sit at those $19 fold-up tables. Stop by for a visit the next time you’re
in Dallas.